Thank you for such a quick response.Unfortunately, the executor would not have known the FMV and in any case is no longer alive.It has been suggested that we as...
To be clear, the property was bought several years before we inherited it. So the amount paid for it is probably not the same as the value when inherited.
My 3 siblings and I inherited unimproved property in 1989. We just sold it this year. The property is definitely worth more now than it was in 1989.What would y...